ePlus inc (PLUS)
Gross profit margin
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 569,121 | 550,793 | 517,524 | 460,982 | 393,554 |
| Revenue | US$ in thousands | 2,068,790 | 2,225,300 | 2,067,720 | 1,821,020 | 1,568,320 |
| Gross profit margin | 27.51% | 24.75% | 25.03% | 25.31% | 25.09% |
March 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $569,121K ÷ $2,068,790K
= 27.51%
Based on the data provided, the gross profit margin of ePlus inc has fluctuated over the past five years.
In March 2021, the company's gross profit margin stood at 25.09%, which slightly increased to 25.31% by March 2022. However, there was a slight decrease in the margin to 25.03% by March 2023. Subsequently, the gross profit margin experienced a decline to 24.75% by March 2024.
The most significant change occurred in March 2025, where the gross profit margin rose to 27.51%. This increase indicates that ePlus inc was able to generate more gross profit compared to its revenue during this period, potentially due to cost efficiencies, price adjustments, or sales mix changes.
Overall, while there have been fluctuations in ePlus inc's gross profit margin over the years, the latest figure of 27.51% suggests an improvement in the company's ability to generate profits from its core business operations.
Peer comparison
Mar 31, 2025